Power Grid Corporation of India Ltd (PGCIL) anticipates more TBCB-based business opportunities in interstate transmission system (ISTS) schemes rather than the intrastate counterpart. Addressing an investor conference, Mohammed Taj Mukarram, Director – Finance, PGCIL, said that opportunities in the Read more
The capital expenditure of Power Grid Corporation of India Ltd (PGCIL) on interstate transmission system (ISTS) schemes is estimated to be around Rs.8,300 crore during the ongoing fiscal year FY22, according to information tabled in Parliament. Read more
ICRA expects the demand prospects for RE capacity addition by commercial & industrial (C&I) segment to remain solid, given the improved tariff competitiveness and strong sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going Read more
Azure Power, in a statement, announced that it has fully commissioned its 600-mw solar power project in Rajasthan. Azure Power said that it the project located at Bikaner in Rajasthan was allocated under an auction by Read more
Nodal agency PFC Consulting Ltd has transferred the project SPV for a power transmission scheme in Karnataka to the successful bidder ReNew Power. In a stock exchange communication, Power Finance Corporation (PFC) announced that its wholly-owned subsidiary PFC Consulting Read more
It was informed in a recent power ministry-related committee meeting that over 2,000 ckm of interstate transmission system (ISTS) lines have been commissioned so far, for evacuation of electricity from upcoming renewable energy (RE) zones, aggregating 66.5 GW. A Read more
The Union power ministry has approved over 20 interstate transmission system (ISTS) projects, with an aggregate investment outlay of nearly Rs.16,000 crore. Approval has also been given to a new substation at Siot in the UT of Jammu Read more
India Grid Trust (IndiGrid), in a release, has said that a consortium of its subsidiaries has emerged L1 for an interstate power transmission project under the TBCB mode. IndiGrid announced that a consortium of two of Read more
Sterlite Power, in a release, said that it has been awarded the Bongaigaon inter-state power transmission project under the tariff-based competitive bidding (TBCB) mechanism. The project elements consist of a new 220/132kV substation at Nangalbibra (in Meghalaya) and laying Read more
The National Committee on Transmission (NCT), in its latest meeting, has ruled out further deliberations on the proposed changes to the Indo-Bangladesh power link, via Tripura. There was a proposal to shift the interconnection point of the 400kV double-circuit Read more